Bloomberg
• Hannah Miller
Media mogul John Malone said he thinks Skydance Corp. and Elon Musk’s SpaceX could reach a deal. No terms or details of a potential transaction were provided.
Commercial Space
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Bengaluru-based OXG Space raised ₹17 crore in a round led by Aum Ventures’ India Innovation Fund II to build a satellite connectivity network in orbit. Separately, U.S. startup Atombeam raised $18.3 million to accelerate adoption of networking software for satellite, defense and commercial links, taking its total funding to $55 million.
Media mogul John Malone said he thinks Skydance Corp. and Elon Musk’s SpaceX could reach a deal. No terms or details of a potential transaction were provided.
The CNBC Investing Club says some stocks could benefit from growing power demand at SpaceX. The available report does not identify the companies or quantify the demand, limiting what can be concluded about the potential commercial or infrastructure implications.
Spanish launch company PLD Space now plans to conduct the Miura 5 rocket’s first orbital launch in the first half of 2027, pushing back the debut from its earlier schedule. The change shifts the timeline for the company’s entry into the orbital launch market.
Hewlett Packard Enterprise plans to send its Spaceborne Computer-4 AI-compute module to the Moon aboard Astrolab’s FLIP rover. The mission is scheduled to launch this year, putting onboard computing technology on a lunar surface mission.
Solstar Space says its Wi-Fi technology connected NASA’s R5-S10 CubeSat with Momentus’ Vigoride-7 orbital service vehicle during proximity operations, relaying data to NASA’s Johnson Space Center. The Oct. 20 announcement documents an in-orbit connectivity demonstration involving a spacecraft and an orbital servicing vehicle.
Chinese startup Sinxbot has raised tens of millions of dollars from investors including Alibaba and China Mobile to develop robotic arms for on-orbit satellite refueling and deorbit services. The funding brings major Chinese technology and telecom investors into a venture targeting emerging in-space servicing capabilities.
High activity
At ESPI AC 2026, Étienne Schneider said Luxembourg’s space resources law helped unlock investment and argued that Europe needs a framework of its own. He identified stability as Europe’s strongest card in the space race, making the legal environment a strategic factor in competing for space-sector activity.
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